The Knot to Create Groupon Like Program

by Chris Jaeger

The Knot to Create Groupon Like Program

Weddings and related lifestyle company The Knot (NSDQ: KNOT) has long relied heavily on e-commerce in addition to revenues from its print and online content. Now, the company is looking to cut out the middlemen and create a Groupon-like deals program. In addition to capitalizing on the social shopping trend, the group deals offering at its WeddingChannel.com Deals is also seen as a way to complement its local content efforts by attracting more small businesses to its sites in what a rep described as “the ultimate cost-per-action” ad model.

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